Economics

It seems there’s little the Trump Administration could do to surprise these days. So in the possibility that, in the third round of negotiations for the North American Free Trade Agreement this week, it withdraws from the treaty altogether, it may be worth considering what a self-sufficient...

The Federal Open Market Committee will begin its two-day policy meeting today. Data on housing starts and permits for August will be released at 8:30 a.m. ET. The current account report for the second quarter is schedule for release at 8:30 a.m. ET. Data on import and export prices for...

The housing market index for September is schedule for release at 10:00 a.m. ET. The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET. The Treasury International Capital data for July will be released at 4:00 p.m. ET.

Since the federal minimum wage was instituted in 1938, it's increased from 25 cents to $2.13 for tipped workers. In Michigan, it's $3.38. Actress and activist Lily Tomlin, speaking in her Judith Beasley character, told a packed auditorium at Wayne State University how she feels about that...

Data on retail sales for August will be released at 8:30 a.m. ET. The Empire State manufacturing index for September is schedule for release at 8:30 a.m. ET. Data on industrial production for August will be released at 9:15 a.m. ET. Data on business inventories for July will be...

The Consumer Price Index for August is schedule for release at 8:30 a.m. ET. Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. The Energy Information Administration’s weekly report on natural gas stocks in underground storage is schedule for...

Conditions for investors around the world are getting worse. Let's start with Europe, the world's second-largest economy. The European Union is a collection of states that are vastly different from one another. They are separated by culture, language (which impedes labor mobility, resulting...

The MBA's index of mortgage application activity for the latest week is schedule for release at 7:00 a.m. ET. The Producer Price Index for August will be released at 8:30 a.m. ET. The Energy Information Administration’s weekly report on petroleum inventories is schedule for...

The NFIB small business optimism index for August is schedule for release at 6:00 a.m. ET. The Johnson Redbook Retail Sales Index for the latest week will be released at 8:55 a.m. ET. The Labor Department's JOLTS report for July is schedule for release at 10:00 a.m. ET. The...

The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET. The Treasury will auction 3-year notes at 11:30 a.m. ET.

A bloodbath in retail, a shortage of seasonal farmworkers, two bummer summers at the box office, a meltdown in bridal gowns and the flatlining of crude oil prices: This is the stuff of bankruptcy. Whether up close and personal or global in scale, underwater businesses and laid-off workers are often...

Philadelphia Federal Reserve Bank President Patrick Harker is set to speak in Philadelphia at 8:45 a.m. ET. Data on wholesale trade inventories for July will be released at 10:00 a.m. ET. The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00...

Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Data on nonfarm productivity and unit labor costs for the second quarter will be released at 8:30 a.m. ET. The Quarterly Services Survey report for the second quarter is schedule for release at 10:00 a.m...

China is intensifying its crackdown on refugees fleeing North Korea, a new report says, and it cuts to the core of why Beijing is reluctant to end economic ties to Kim Jong Un's brutal police state. China is deathly afraid millions will flee the peninsula and become an economic burden. China is...

The MBA’s index of mortgage application activity for the latest week is schedule for release at 7:00 a.m. ET. Data on international trade for July will be released at 8:30 a.m. ET. The Johnson Redbook Retail Sales Index for the latest week is schedule for release at 8:55 a.m. ET...